Singapore will stop adding new cars to its roads in 2018
Starting next February, residents of of Singapore won't be able to drive additional cars in the small city-state. It's introducing
the ban as a line in the sand to keep the island from being overrun
with vehicles and clogging traffic, especially as it's spending billions
of dollars on public transit projects.
The move is the latest by Singapore's Land Transport
Authority, which had already limited the rate of new cars and
motorcycles at 0.25 percent. Not to mention all the import taxes and
registration fees making vehicles, on average, four times more expensive
to own in the island nation. Given that Singapore has about a sixth of
the area of the US' smallest state, Rhode Island -- and that a stunning
12 percent of its space is taken up by roads -- preserving it is
essential.
This isn't an
eternal ban, as authorities will review it in 2020. But for the next few
years, the about 600,000 total private and rental vehicles will have to
serve the 5.6 million people living in Singapore -- though drivers can
still file to replace
their old vehicles for new ones. This doesn't apply to goods vehicles
and buses, which will retain a 0.25 percent growth rate -- and that
could be good news for any more autonomous trucking experiments.
In Brief Singapore will stop issuing new vehicle permits starting
February of 2018. The government points to limited space available in
the city-state as the reason for the halt in vehicle growth. Limited
Space in Singapore The city-state of Singapore has announced a plan to
reduce the vehicle growth rate from 0.25 percent per year to 0 percent
for cars and motorcycles. Due to the limited space available, Singapore
controls the number of vehicles on the road to a great degree. The Land
Transport Authority (LTA) issues permits, known as Certificates of
Entitlement, that give vehicle owners the right to have their vehicle
for a period of ten years. The permits are auctioned off.
loading...
No comments
Drop your comments here. Let us know what's your take on this post